RBS has confirmed plans to shed around 750 jobs in Ireland as part of a major restructuring which will see the merger of First Active and Ulster Bank under one brand.
45 First Active branches across the country will be closed with an additional 15 First Active branches being renamed under the Ulster Bank brand
Customers of the 45 branches which are to close will be transferred to the local Ulster Bank branch.
First Active History
First active became a wholly owned subsidiary of RBS on January 5th 2004, having been created by the privatisation of the First National Building Society in 1998.
The First National Building Society had been in existence in Ireland since 1875 originally named the “Workingman’s Benefit Building Society” and changing its name to First National Building Society in 1960